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    Exam 8: Long-Run Economic Growth
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    If the Capital-Labour Ratio Is Below the Steady-State Value,investment Is
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If the Capital-Labour Ratio Is Below the Steady-State Value,investment Is

Question 53

Question 53

Multiple Choice

If the capital-labour ratio is below the steady-state value,investment is ________ than break-even investment,and the capital-labour ratio ________.


A) greater; increases
B) greater; decreases
C) less; increases
D) less; decreases

Correct Answer:

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